[PreciousLiberty]

'Ummm, Tesla has an accumulated deficit of well over $3,000,000,000 and has lost $4.77 per share during the past 12 months. While Tesla may be the darling of Wall Street, and can claim whatever “margins” it wants, the fact is that its operations are a huge cash bonfire.'

Tesla has a huge R&D budget for now, and is also building a giant battery factory. It has a backlog of around 500,000 Model 3s, with deposits received. That backlog is worth somewhere north of $17.5 billion in revenue, and $4 billion in profit.

The forward looking stock market obviously expects big profit, since Tesla's market cap is bigger than GM's or Ford's. BTW, Ford lost a higher percentage of share price over the last 12 months...

[Mr. Lucky]

Sales projections aren’t subject to audit, earnings are. Tesla reports its 2nd quarter earnings on August 2nd; let’s see how they do.